Examlex
Which of the following is an example of predictive analytics?
Discovered the Defect
Discovering the defect involves identifying a flaw or fault in a product or property, usually after a transaction has taken place, impacting the value or safety of the item.
Time of Contract
The specific moment when a contract is considered to have been formed or agreed upon by all parties involved.
Lost Profits
The potential income that a business could have earned but did not due to a wrongful act such as breach of contract or tort.
Resale Price
The price at which an item or good is sold after it has been previously purchased and owned by a consumer.
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